XRP ETF Inflows Top $1.7 Billion Despite Holdings Decline

XRP ETFs have seen significant inflows despite their holdings losing value, sparking questions about who is buying and what this signals for XRP's future.

On September 10, U.S. spot XRP exchange-traded funds recorded $5.14 million in net inflows, following another $12.29 million on September 9, bringing cumulative net inflows above $1.70 billion.

The funds' holdings lost value, falling from $1.51 billion to $1.45 billion over the same period, a decline of about 4% or $60 million.

Despite this, the flow data indicates continued buying interest, while the assets figure reflects the weaker XRP price, currently trading at $1.36.